Cellfish Media Secures Additional $10 Million in Funding

Mobile company Cellfish Media announced that the Solidarity Fund QFL has approved the company for an additional $10 million in Funding, which raises Cellfish Media's total funding to $60 million.

Fabrice Sergent, CEO of Cellfish Media, said the funding will be used to accelerate consumer offerings by providing mobile entertainment to consumers in new ways, and Cellfish Media will be expanding services and partnerships with a major product launch in the summer of 2007.

Cellfish Media's various products and solutions have already established it as one of the top five mobile content providers in France, North America and Germany, in terms of revenue.

Jaque Bernier, Solidarity Find QFL's Senior Vice President, Information Technologies said, "We are proud to invest directly in companies such as Cellfish Media that have successfully penetrated high-potential markets an generated over nine-figure revenue performance annually since 2005."